State-owned banks and investment firms are behind the latest funding round for the Cisco, Country Garden and Greenland Holdings-backed big data technology provider.
Month: December 2020
Proscia produces $23m series B
Digital pathology technology developer Proscia has boosted its total funding to $35m with a series B round featuring Hitachi Ventures.
Flexe stores $70m from series C
Prologis Ventures’ investment in the round has helped the warehouse rental service provider push its overall funding to more than $143m.
Pinnacle reaches top with $50m fund
The newly formed Pinnacle Ventures is equipped with $50m of capital and will concentrate on investments in reliability technology.
Daimler spins off innovation unit
Daimler will retain 10% of 1886Ventures, which has been formed out of its 1886Labs unit, and will be a client of Deloitte’s Digital Ventures team.
Gelfenbeyn calls out his Google departure
Ilya Gelfenbeyn has formed a new venture capital firm having left his role as head of corporate venturing vehicle Google Assistant Investments.
Kainz leaves Salesforce for new dawn
Julie Kainz has departed from Salesforce Ventures and joined venture capital firm Dawn Capital as a vice-president.
Engelhardt the moving part to Brose
Kai Engelhardt, a GCV Powerlist award winner, said he had decided to return to ventures after two years as head of digitalisation at Mahle.
Ziroom buys Bestbond
Everyday Network has exited apartment manager BestBond in an acquisition of undisclosed size by SoftBank-backed Ziroom.
Roblox picks up Imbellus assets
Roblox has bought the intellectual property assets of the Gresham Lehrman Group-backed recruitment test developer as it prepares to go public.
MaaT Pharma moves series B past $30m
Cancer and graft-versus-host disease therapy developer MaaT has raised a second tranche to hike the Biocodex-backed round to $30.4m.
Salesforce to pick up Slack in $27.7bn deal
SoftBank held a 7% stake in the enterprise messaging tool developer when it listed 18 months ago at a $13.1bn valuation, its backers also including GV and Comcast Ventures.
Hirac Fund hits $29m target
GMO VenturePartners, Nippon Life X, Ricoh Leasing, Shizuoka Bank and Tokai Tokyo Investment joined earlier LPs Chatwork, Goodpatch, Raksul, Shift and The Guild to close MFVP’s first vehicle.
Olive gets $225m funding allocation
GV was among the participants in the healthcare management platform developer’s third round this year, valuing it at $1.5bn.